Honeywell Issues Three-Year Outlook for Honeywell Technology
By Connor Hart
Honeywell provided a long-term financial outlook for Honeywell Technology, the remaining company following the spinoff of its aerospace division.
"Following a three-year process to simplify our portfolio, we have the foundation in place to accelerate profitable growth by leveraging our vast installed base and deep domain expertise in mission-critical environments," Chief Executive Vimal Kapur said Thursday.
The company over the next three years expects to deliver between 4% and 6% organic growth, more than 60 basis points of margin expansion annually, and over 10% earnings growth annually at over 90% free cash flow conversion, he added.
Honeywell's three-year framework came after the company earlier this week provided an annual outlook for Honeywell Technology, guiding for growth in organic sales and adjusted earnings.
The new outlooks exclude full-year results for Honeywell's aerospace segment, which it expects to spin off on June 29, and factors in planned divestitures and acquisitions.
Shares ticked up 1.2% in premarket trading.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
June 11, 2026 06:40 ET (10:40 GMT)
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